Karachi: Trading of Habib Bank Limited's Term Finance Certificate, specifically the HBLTFC3, will be temporarily halted later this month. The Pakistan Stock Exchange has confirmed that the suspension will be in effect from September 20, 2024, until September 28, 2024, resuming on September 30, 2024. This pause in trading corresponds with the scheduled book closure dates from September 22 to September 28, for the seventh profit payment of the HBLTFC3 certificate.

According to information available from the Pakistan Stock Exchange (PSX), this temporary suspension is a routine measure taken to facilitate the process of profit payment to the certificate holders. Investors and traders are advised to plan their transactions accordingly and take note of the cessation period to adjust their investment strategies.